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Scapa Takeover Rumours (SCPA)

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Scapa Takeover Forum Posts

27-01-2021
I sold Scapa earlier for 180 so of course regret my decision today, but want to share with you this what I posted on JLP board today.Not relevant to platinum (JLP) but need to share as a relevant to any takeover. Today saw an offer for entire Scapa for GBP400m+. That's a low offer, but Scapa's revenue is similar to Jubilee's. Scapa's profit is way way lower and there is a debt to pay. This way I can see Jubilee takeover for around GBP around 1b. Definitely not less than 400m and for sure not at mcap 250m as is now.Feel free to join Jubilee later as they are a very profitable company now and carry no debt.
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